--- title: "HSN Code for Cotton Hosiery Knitting Machines | HSN 84472030 GST Rate" description: "Find HSN and GST Rates for 84472030 related to Cotton Hosiery Knitting Machines with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84472030/" --- # HSN Code 84472030: Cotton Hosiery Knitting Machines - [Section 16: Guide to HSN Section 16](https://busy.in/hsn/section-16/) - [Chapter 84: Nuclear Reactors, Boilers & Machinery](https://busy.in/hsn/chapter-84/) - [Sub-chapter 8447: Knitting & Stitch-Bonding Machines](https://busy.in/hsn/sub-chapter-8447/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Flat kniting machines; stitch-bonding machines : Cotton hosiery machines | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84472030 ? It includes Jacquards and Harness Liner Cards for Cotton Textile Machinery ### How should mixed supplies be billed when Cotton Hosiery Knitting Machines is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cotton Hosiery Knitting Machines; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Cotton Hosiery Knitting Machines? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ### Any common misclassification issue with Cotton Hosiery Knitting Machines? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Cotton Hosiery Knitting Machines? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Cotton Hosiery Knitting Machines? Under HSN 84472030, Cotton Hosiery Knitting Machines attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 84472030 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil — 0.0000% of India's total exports - Imports: ₹13 Cr (+39.40% YoY) — 0.0002% of India's total imports - Trade balance: −₹13 Cr (Deficit); surplus rank #9221 of 12657 HSN codes - Share of Sub-Chapter 8447: 0.00% of its exports; import side 0.26% ### Key metrics - Peak growth year: −100.00% in FY 2019-20 - Contribution to Sub-Ch. 8447: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84472030 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8447 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8447 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.23% | 11.18 | 0.0003% | — | 0.61% | −11.14 | #9577 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | 5.86 | 0.0002% | −47.59% | 0.28% | −5.86 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | 10.53 | 0.0004% | +79.69% | 0.76% | −10.53 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.18% | 11.25 | 0.0002% | +6.84% | 0.43% | −11.12 | #9420 | | FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | 8.79 | 0.0002% | −21.87% | 0.26% | −8.79 | — | | FY 2023-24 | Nil | 0.0000% | — | 0.00% | 9.01 | 0.0002% | +2.50% | 0.25% | −9.01 | — | | FY 2024-25 | Nil | 0.0000% | — | 0.00% | 12.56 | 0.0002% | +39.40% | 0.26% | −12.56 | — | - CAGR (7-year): exports —/yr, imports 1.96%/yr (consistently Deficit) ## Key trade insights: HSN Code 84472030 export-import analysis ### Export snapshot for HSN Code 84472030 India exported ₹0.00 Crore worth of Cotton Hosiery Knitting Machines in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2019-20 was the strongest growth year for HSN Code 84472030 exports The strongest single-year export movement for HSN Code 84472030 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year. ### India records a trade deficit of ₹12.56 Crore in HSN Code 84472030 goods In FY 2024-25, India's imports of ₹12.56 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹12.56 Crore — ranking #9221 of 12657 by surplus magnitude. ### Import growth of 1.96% CAGR signals stable import dependency for Cotton Hosiery Knitting Machines India's imports under HSN Code 84472030 have grown at 1.96% CAGR, reaching ₹12.56 Crore in FY 2024-25. ## Related HSN Codes in Sub-Chapter 8447 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84479030: Other : Other](https://busy.in/hsn/hsn-84479030/) | ₹15 Cr | | #2 | [HSN Code 84472090: Flat knitting machines](https://busy.in/hsn/hsn-84472090/) | ₹4 Cr | | #3 | [HSN Code 84479020: Other \| Machines For Making Embroidery](https://busy.in/hsn/hsn-84479020/) | ₹2 Cr | | #4 | [HSN Code 84472020: Wool Knitting Machines](https://busy.in/hsn/hsn-84472020/) | ₹1 Cr | | #5 | [HSN Code 84471290: Circular Knitting Machines, Other (>165mm)](https://busy.in/hsn/hsn-84471290/) | ₹1 Cr | | #6 | [HSN Code 84471111: Hand Wool Knit (<=165mm)](https://busy.in/hsn/hsn-84471111/) | < ₹1 Crore | | #7 | [HSN Code 84479010: Other : Machines for making of tulle and lace](https://busy.in/hsn/hsn-84479010/) | < ₹1 Crore | | #8 | [HSN Code 84472010: Hand Knitting Machines (Wool)](https://busy.in/hsn/hsn-84472010/) | < ₹1 Crore | | #9 | [HSN Code 84471211: Hand Wool Knit (>165mm)](https://busy.in/hsn/hsn-84471211/) | < ₹1 Crore | | #9 | [HSN Code 84471219: Circular Knitting Machines, Wool (>165mm)](https://busy.in/hsn/hsn-84471219/) | < ₹1 Crore | | — | HSN Code 84472030: Cotton Hosiery Knitting Machines (this hsn code) | Nil |